chapter 1 BUSINESS ETHICS‚ THE CHANGING ENVIRONMENT‚ AND STAKEHOLDER MANAGEMENT |TOPICS COVERED | 1.1 Business Ethics and the Changing Environment 1.2 WHAT IS BUSINESS ETHICS? WHY DOES IT MATTER? 1.3 LEVELS OF BUSINESS ETHICS 1.4 FIVE MYTHS ABOUT BUSINESS ETHICS 1.5 WHY USE ETHICAL REASONING IN BUSINESS? 1.6 CAN BUSINESS ETHICS BE TAUGHT AND TRAINED
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High level of time pressure Machine pacing 3) Work schedule Night shifts Strict and Inflexible working schedules Long or unsociable hours 4) Participation and control Lack of control over workload (over work method‚ work pace‚ working hours and the work environment) 5) Organizational culture and functions Low level of support for problem solving and personal development Lack of definition of‚ or agreement on‚ organization’s objectives. 6) Interpersonal relationship at work Social or physical isolation
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Ronald David Johnson Jr. Nestlé’s Business Ethics Many transcontinental corporations take the classical view of corporate social responsibility (CSR) by focusing on their main objective of maximizing their profits rather than focusing on both profits for the company and the welfare of society. Taking this view can taint a corporation’s reputation as often times bad decisions in business ethics are the result. The Nestlé Corporation ruined its reputation among its customers over thirty years ago
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meaning of Ethics: By definitions of different writers ethics is “It is the basic concepts and fundamental principles of human conduct.” “The rules of conduct recognized in respect to a particular class of human actions or a particular group‚ culture‚ etc.” “The study of standards of conduct and moral judgment; moral philosophy” According to our book “Ethics are norms and standards or behavior that guides moral choices about our behavior and relationships with others.” Role of Ethics in Research:
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many other states are recovering‚ Georgia’s unemployment rate has risen. Some blame the state’s laissez-faire (a policy or attitude of letting things take their own course‚ without interfering) approach to policy. This may seem surprising‚ since Georgia was named the best state to do business in both 2014 and 2013 by Site Selection magazine‚ largely because of its workforce-training program and low tax rates. Nathan Deal‚ the state’s GOP governor‚ handily won reelection in November against Jimmy Carter’s
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456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or groups supply a company with productive resources and are affected by the way a company does business? A. Stakeholders B. Customers C. Employees D. Managers Correct
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Examine the ways in which social policies and laws may influence families and households. Jedy 3030 Social policies and laws have influenced families and household very significantly for the past century‚ take same-sex marriage as a famous example‚ Stonewall (2008) did a campaign for homosexual and bisexual rights‚ estimates that about 5-7% of the adult population today have same-sex relationships‚ research also shown that the number of the one-person household increased to
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that happened after this date could have not been taken into account. In a first step‚ the ethical problem of the company will be explained. After discussing in how far companies like Google do have social and moral responsibilities at all‚ three different ethical theories will be applied on the discussed case in order to evaluate the ethical conflict from different viewpoints. Finally‚ a recommendation‚ based on Google’s notion of ethics‚ will be given.
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Running head: Case Study Report 3 Case Study Report 3 Deb Gephart Western International University LDR 620 Ethics and Corporate Social Responsibility Ray November January 28‚ 2008 Case Study Report 3 I chose to report upon the case study involving ImClone and Samuel Waksal’s deceitful practices involving selling personal shares of ImClone stock. Samuel Waksal knowingly participated in insider trading which involved selling his ImClone stock and then notifying his family of the
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Ethics and Social Responsibility History In a business sense ethics emerged in the 1970s but social responsibility actually emerged in the 1950s when organizations began believing that they should be operating in a way that would increase the benefits and reduce or eliminate harms caused by their operations (Perks‚ 2011). In light of the recent ethical scandals of organizations such as Enron this has really become a vital part of organizations. Further‚ over the last 60 years businesses have
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